An Economic Analysis of Soybean Production in Rajnandgaon District of Chhattisgarh, India

The Present study is to examine An Economic Analysis of soybean Production in Rajnandgaon district of Chhattisgarh, India. The study was undertaken by taking 80 sample farmers during the year 2020-21. To collect information from the sample area, an interview schedule and survey approach were utilized. The objective was achieved by using cost concepts and income measures. The cost of cultivation of soybean was observed highest in case of large farm and lowest in case of marginal farms. The overall cost of production was Rs. 1785.71 per quintal. Gross return from soybean was found to be Rs. 68670.84 per hectare. The net return of overall farmers was observed Rs. 32135.15. The Input-output ratio was highest in case of large farmer 1:2.16 and lowest in case of marginal farmer 1:1.98. None of the soybean farmer was applying potash fertilizer to soybean crops, but it plays an important role in nodule formation. Therefore it is required that farmers should apply potash fertilizer to the soybean crop.